Residential Income For Sale

Opportunity knocks! A large 9450 square foot lot with a very well cared for landscaped legal fully rented triplex with ten bedrooms and a double garage and parking for 5 vehicles. The property is located in ER3 low rise high-density zone of Oxford Street in the HRM center plan. The current use is a triplex, however within the existing building you can have up to eight units and also up to 20 bedrooms as of right. The home itself is located just off the Dalhousie campus in Halifax’s South End. Currently there is a large unfinished basement to add additional units. This well-maintained property is in great shape and has undergone many updates over the years. Including updates to the roof, heat pumps, siding, kitchens, front entry door. A great long-term investment with historic lows in rental vacancy and increasing demand for multi unit housing. This would be a great addition to any portfolio of rental properties. property is fully leased and generates $150,000 a year in rental income from three units and parking.